Laureate (LAUR) COO receives 12,059 RSUs and 26,549 performance shares

Rhea-AI Filing Summary

Laureate Education EVP & Chief Operating Officer Marcelo Cardoso reported equity awards in company stock. On February 6, 2026, he acquired 12,059 restricted stock units at $0 per share, lifting his directly held beneficial ownership to 316,681 common shares. These units vest in three equal installments on December 31, 2026, 2027 and 2028, subject to continued employment.

On February 12, 2025, he also acquired 26,549 common shares at $0 per share that were earned under performance share unit awards granted in 2023, 2024 and 2025, following Compensation Committee certification of performance for the year ended December 31, 2025, bringing his directly held beneficial ownership to 343,230 common shares at that time.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Cardoso Marcelo

Role EVP & CHIEF OPERATING OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	12,059	$0.00	--
Grant/Award	Common Stock	26,549	$0.00	--

Holdings After Transaction: Common Stock — 316,681 shares (Direct)

Footnotes (1)

1. Represents restricted stock units that will vest in three equal installments on each of December 31, 2026, 2027 and 2028, subject to the reporting person's continued employment through the applicable vesting dates. Represents shares earned under performance share unit awards granted in 2023, 2024 and 2025 upon certification by the Compensation Committee that performance criteria was achieved for the year ended December 31, 2025.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cardoso Marcelo

(Last) (First) (Middle)

C/O LAUREATE EDUCATION, INC.

PMB 1158, 1000 BRICKELL AVE., SUITE 715

(Street)

MIAMI FL 33131

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LAUREATE EDUCATION, INC. [ LAUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHIEF OPERATING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/06/2026		A		12,059(1)	A	$0	316,681	D
Common Stock	02/12/2025		A		26,549(2)	A	$0	343,230	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units that will vest in three equal installments on each of December 31, 2026, 2027 and 2028, subject to the reporting person's continued employment through the applicable vesting dates.

2. Represents shares earned under performance share unit awards granted in 2023, 2024 and 2025 upon certification by the Compensation Committee that performance criteria was achieved for the year ended December 31, 2025.

	/s/ Jonathan I. Stempel, Attorney-in-Fact	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did Laureate (LAUR) report for EVP & COO Marcelo Cardoso?

Laureate reported that EVP & COO Marcelo Cardoso acquired company equity at no cost, including 12,059 restricted stock units and 26,549 common shares. These awards reflect time-based vesting and performance-based compensation tied to results for the year ended December 31, 2025.

How many Laureate (LAUR) restricted stock units were granted to Marcelo Cardoso and when do they vest?

Marcelo Cardoso received 12,059 restricted stock units on February 6, 2026. These RSUs will vest in three equal installments on December 31, 2026, December 31, 2027 and December 31, 2028, provided he remains employed through each applicable vesting date.

What is the nature of the 26,549 Laureate (LAUR) shares acquired by Marcelo Cardoso?

The 26,549 common shares represent stock earned under performance share unit awards granted in 2023, 2024 and 2025. They were issued after the Compensation Committee certified that performance criteria were achieved for the year ended December 31, 2025, reflecting performance-based compensation.

Did Marcelo Cardoso pay cash for the Laureate (LAUR) shares and RSUs he acquired?

No cash outlay was reported for these awards. Both the 12,059 restricted stock units and the 26,549 common shares were reported with a transaction price of $0 per share, indicating they were granted as part of his compensation rather than purchased in the open market.

How many Laureate (LAUR) shares does Marcelo Cardoso beneficially own after these transactions?

Following the February 6, 2026 restricted stock unit grant, Marcelo Cardoso beneficially owned 316,681 common shares directly. Following the February 12, 2025 performance-based share issuance, his direct beneficial ownership was 343,230 common shares at that earlier point in time.

What role does performance play in Marcelo Cardoso’s Laureate (LAUR) equity awards?

Part of his equity compensation is performance-based. The 26,549 common shares resulted from performance share unit awards granted across 2023, 2024 and 2025, which were earned only after the Compensation Committee certified performance for the year ended December 31, 2025.